| Positions | Today | Yesterday | Change |
|---|---|---|---|
| Longs | 42% | 40% | 3.7% |
| Shorts | 58% | 60% | -2.6% |
| Indicator | 4H | 1D | 1W |
| MACD(12;26;9) | Sell | Buy | Buy |
| RSI(14) | Neutral | Neutral | Neutral |
| Stochastic(5;3;3) | Neutral | Neutral | Neutral |
| Alligator(13;8;5) | Neutral | Neutral | Buy |
| SAR(0.02;0.2) | Buy | Sell | Buy |
| Aggregate | ⇒ | ⇒ | ⇗ |
[ANNOUNCE]The single European currency surged by 85 pips or 0.66% against the Japanese Yen on Friday. A breakout occurred through the upper boundary of a descending channel pattern during Friday's trading session.[/ANNOUNCE]
Given that a breakout has occurred, the exchange rate is likely to continue to edge higher during the following trading session The potential target for the EUR/JPY pair will be near the 129.80 area.
However, the 200– hour simple moving average at 129.35 could provide resistance for the currency exchange rate within today's session.